MongoDB has filed confidentially for IPO
techcrunch.com
MongoDB has filed confidentially for IPO
1–10 of 108 posts
Re: MongoDB has filed confidentially for IPO
#2Wow interesting. Anybody have their S-1 filing? Interested to see how their hosted/managed offering Atlas[1] is doing vs support contracts.
Re: MongoDB has filed confidentially for IPO
#3I have never heard of a confidential IPO, how does this differ from any other IPO that is in the news?
Re: MongoDB has filed confidentially for IPO
#4I have never heard of a confidential IPO, how does this differ from any other IPO that is in the news?
It's just an earlier announcement. The banks involved leak it almost every time.
Re: MongoDB has filed confidentially for IPO
#5Wow interesting. Anybody have their S-1 filing? Interested to see how their hosted/managed offering Atlas[1] is doing vs support contracts. [1] https://www.mongodb.com/cloud/atlas
It's not public for the time being as per the article.
Re: MongoDB has filed confidentially for IPO
#6Wow interesting. Anybody have their S-1 filing? Interested to see how their hosted/managed offering Atlas[1] is doing vs support contracts. [1] https://www.mongodb.com/cloud/atlas
No public S1 until up to 15 days before the ipo under the confidential provision.
Re: MongoDB has filed confidentially for IPO
#7I have never heard of a confidential IPO, how does this differ from any other IPO that is in the news?
It's just an earlier announcement. The banks involved leak it almost every time.
Why is it in their interest to leak the announcement? Wouldn't that discourage other companies from filing through them in the future?
Re: MongoDB has filed confidentially for IPO
#8They've made their share of mistakes, but they've stuck it out and have definitely improved their product over the years. I wish them all the best for their IPO. What would be really good to see As a measure of their business health is an indication of how their cloud business is doing with respect to their enterprise sales business. A healthy cloud business would signal less volatility in the face of high revenue garnered from fickle enterprise sales relationships that have been their bread and butter until the past couple years.
Re: MongoDB has filed confidentially for IPO
#9Earlier quoted context omitted.
It's just an earlier announcement. The banks involved leak it almost every time.
Why is it in their interest to leak the announcement? Wouldn't that discourage other companies from filing through them in the future?
The leak builds up hype and investor curiosity about the IPO. It's like how visits by politicians to an area are 'leaked' so that the press is there to cover them.
Re: MongoDB has filed confidentially for IPO
#10Earlier quoted context omitted.
It's just an earlier announcement. The banks involved leak it almost every time.
Why is it in their interest to leak the announcement? Wouldn't that discourage other companies from filing through them in the future?
You may be assuming that every employee of a company cares about the company's best interests. I find it unlikely that a janitor, intern, disgruntled employee, etc. would be unwilling to spill juicy details for a small fee or feeling of importance.